Charlesbank, Partners Group to buy Hearthside Food

Charlesbank Capital Partners and Partners Group agreed to buy Hearthside Food Solutions. Financial terms weren’t announced. Goldman Sachs and Vestar Capital Partners were the sellers. Hearthside, of Downers Grove, Illinois, produces nutrition bars, cookies, cereals and other baked foods and snacks for some of the world's premier food brands. Reuters valued the deal at more than $2.4 billion.

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